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Filing year 2023

MERCYHEALTH DEVELOPMENT FOUNDATION INC

Rockford, Illinois·EIN 36-3197918·NTEE T12 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$8.9M
Total assets
$50.7M
Total expenses
$2.1M
Reported officers
14
Mission

THE MISSION OF MERCYHEALTH DEVELOPMENT FOUNDATION, INC. IS "EXCEPTIONAL HEALTH CARE SERVICES WITH A PASSION FOR MAKING LIVES BETTER". WITH A VISION OF QUALITY - EXCELLENCE IN PATIENT CARE, SERVICE - EXCEPTIONAL PATIENT AND CUSTOMER CARE, PARTNERING - BEST PLACE TO WORK AND - COST-EFFECTIVE CARE AND A COMMITMENT TO THE VALUES OF: HEALING IN THE BROADEST SENSE, PATIENTS COME FIRST, TREAT EACH OTHER LIKE FAMILY AND ALWAYS SEEK EXCELLENCE. THE MERCYHEALTH DEVELOPMENT FOUNDATION, INC. ASSISTS IN THIS MISSION BY USING ITS RESOURCES TO SUPPORT ALL AFFILIATED ENTITIES TO HELP THEM FULFILL THEIR COMMITMENT TO THIS MISSION.

Executive compensation

Form 990 · Schedule J · 4 reported individuals · Filing year 2023

President/ceo (see Pages 41-46)
$6.8M
$7.5M
Vp/cfo (term 01/2025)
officer (unspecified)
$88k
$97k
Vp-revenue Cycle
officer (unspecified)
$61k
$67k
Director/physician
board member
$34k
$37k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Top compensation, year by year

From $431k in 2022 to $6.8M in 2023.

$431k
2022
$6.8M
2023
In today's dollarsEst.
Up 1411% in real terms$494k to $7.5M

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

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